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Overview
Data

Analysis

Table ET7. Electric power sector price and expenditure estimates, 1970-2024, New Mexico

Table ET7. Electric power sector price and expenditure estimates, 1970-2024, New Mexico
Year	Coal	Natural gas ^a		Petroleum				Nuclear fuel	Biomass	Electricity imports ^c	Total energy ^d
	Coal	Natural gas ^a		Distillate fuel oil	Petroleum coke	Residual fuel oil	Total	Nuclear fuel	Wood and waste ^b	Electricity imports ^c	Total energy ^d
	Prices in dollars per million Btu
1970	0.14	0.30		0.27	—	0.23	0.23	—	—	—	0.20
1971	0.15	0.34		0.53	—	0.42	0.42	—	—	—	0.21
1972	0.15	0.35		0.76	—	0.58	0.59	—	—	—	0.22
1973	0.16	0.34		1.78	—	0.69	0.72	—	—	—	0.23
1974	0.19	0.49		2.09	—	1.59	1.61	—	—	—	0.33
1975	0.23	0.69		1.89	—	1.70	1.70	—	—	—	0.45
1976	0.26	0.96		2.45	—	1.84	1.86	—	—	—	0.54
1977	0.29	1.44		2.59	—	1.97	1.99	—	—	—	0.70
1978	0.42	1.64		2.86	—	1.55	1.61	—	—	—	0.81
1979	0.48	2.07		4.23	—	2.74	2.77	—	—	—	0.99
1980	0.56	2.47		6.53	—	3.70	5.21	—	—	—	1.02
1981	0.70	2.83		7.55	—	4.69	6.65	—	—	—	1.20
1982	0.79	3.22		6.99	—	4.77	5.80	—	—	—	1.23
1983	0.84	3.59		6.15	—	4.07	4.77	—	—	—	1.14
1984	0.93	3.53		6.22	—	4.72	5.13	—	—	—	1.23
1985	1.09	3.48		6.20	—	3.71	4.98	—	—	—	1.33
1986	1.13	3.31		3.79	—	1.65	2.69	—	—	—	1.31
1987	1.21	2.36		4.47	—	2.14	3.58	—	—	—	1.29
1988	1.18	2.14		4.22	—	1.97	3.17	—	—	—	1.25
1989	1.24	2.13		4.98	—	2.74	3.99	—	—	—	1.32
1990	1.32	1.91		6.22	—	3.09	4.70	—	0.46	—	1.37
1991	1.38	1.70		5.35	—	3.86	5.11	—	0.50	—	1.42
1992	1.32	1.95		5.16	—	3.23	5.10	—	0.51	—	1.38
1993	1.37	2.19		5.06	—	3.55	5.03	—	0.55	—	1.45
1994	1.41	1.95		4.65	—	3.22	4.63	—	0.56	—	1.47
1995	1.42	1.55		4.90	—	2.99	4.87	—	0.70	—	1.43
1996	1.43	2.28		5.87	—	3.97	5.85	—	0.59	—	1.53
1997	1.34	2.59		5.75	—	4.09	5.73	—	0.50	—	1.49
1998	1.31	2.20		4.39	—	—	4.39	—	0.61	—	1.43
1999	1.33	2.28		5.02	—	—	5.02	—	0.67	—	1.45
2000	1.38	3.88		7.59	—	—	7.59	—	0.67	16.78	1.72
2001	1.47	4.15		6.31	—	5.50	6.20	—	1.36	—	1.85
2002	1.53	3.02		6.14	—	—	6.14	—	1.64	8.94	1.71
2003	1.43	5.16		7.58	—	—	7.58	—	—	13.21	1.85
2004	1.48	5.76		9.59	—	—	9.59	—	—	13.84	1.89
2005	1.51	7.97		13.50	—	—	13.50	—	2.28	16.53	2.28
2006	1.56	6.41		17.10	—	—	17.10	—	2.32	17.32	2.32
2007	1.79	6.05		18.97	—	—	18.97	—	2.42	18.25	2.56
2008	1.99	8.04		23.53	—	—	23.53	—	2.66	18.28	3.23
2009	1.90	4.40		15.26	—	—	15.26	—	2.20	12.10	2.40
2010	2.06	4.86		19.43	—	—	19.43	—	2.40	13.31	2.69
2011	2.05	4.84		25.16	—	—	25.16	—	2.44	11.53	2.66
2012	2.18	3.35		25.77	—	—	25.77	—	2.21	9.51	2.48
2013	2.31	4.23		24.42	—	—	24.42	—	2.26	11.49	2.80
2014	3.78	4.77		23.84	—	—	23.84	—	2.73	13.31	4.10
2015	2.34	3.10		15.53	—	—	15.53	—	2.62	10.54	2.58
2016	1.90	2.92		11.32	—	—	11.32	—	2.54	8.74	2.23
2017	1.96	3.43		14.40	—	—	14.40	—	2.40	9.18	2.40
2018	2.48	2.44		19.37	—	—	19.37	—	2.22	10.74	2.48
2019	2.49	1.26		19.01	—	—	19.01	—	2.33	—	2.24
2020	2.54	1.61		13.09	—	—	13.09	—	1.80	—	2.16
2021	2.61	5.44		19.94	—	—	19.94	—	2.39	—	3.74
2022	2.93	6.50		30.80	—	—	30.80	—	2.69	—	4.39
2023	3.57	2.61		24.67	—	—	24.67	—	2.93	—	3.07
2024	3.66	0.99		20.19	—	—	20.19	—	2.97	—	2.20
	Expenditures in million dollars
1970	14.2	17.7		(s)	—	0.1	0.1	—	—	—	32.0
1971	18.2	18.0		(s)	—	0.9	1.0	—	—	—	37.1
1972	18.9	21.8		0.1	—	1.6	1.6	—	—	—	42.4
1973	20.9	23.4		0.2	—	3.3	3.5	—	—	—	47.8
1974	27.2	34.2		0.4	—	10.6	11.0	—	—	—	72.4
1975	30.0	46.8		0.4	—	18.2	18.6	—	—	—	95.4
1976	35.6	68.5		0.6	—	11.3	11.8	—	—	—	115.9
1977	45.1	104.1		0.5	—	12.0	12.5	—	—	—	161.7
1978	60.6	107.9		0.4	—	4.1	4.5	—	—	—	173.1
1979	72.1	129.1		0.5	—	13.7	14.2	—	—	—	215.3
1980	112.8	142.9		8.2	—	4.1	12.3	—	—	—	268.0
1981	135.7	158.9		5.5	—	1.6	7.0	—	—	—	301.6
1982	174.7	147.2		6.5	—	5.0	11.5	—	—	—	333.4
1983	218.7	109.1		3.0	—	3.9	6.8	—	—	—	334.6
1984	234.5	108.4		1.3	—	2.6	3.9	—	—	—	346.8
1985	290.9	99.1		1.6	—	0.9	2.6	—	—	—	392.6
1986	271.3	69.5		0.9	—	0.4	1.4	—	—	—	342.2
1987	313.5	44.6		1.4	—	0.4	1.8	—	—	—	359.9
1988	311.3	46.2		1.3	—	0.5	1.8	—	—	—	359.3
1989	345.1	60.3		1.4	—	0.6	2.0	—	—	—	407.4
1990	362.0	50.2		1.3	—	0.6	2.0	—	0.1	—	414.3
1991	321.0	48.7		1.8	—	0.3	2.0	—	0.1	—	371.8
1992	352.1	44.8		2.1	—	(s)	2.2	—	0.1	—	399.1
1993	367.7	61.9		2.1	—	(s)	2.1	—	0.1	—	431.8
1994	389.9	64.2		1.2	—	(s)	1.3	—	0.1	—	455.5
1995	387.4	50.4		1.2	—	(s)	1.3	—	0.1	—	439.1
1996	396.1	80.0		1.5	—	(s)	1.5	—	0.1	—	477.6
1997	383.0	104.4		1.4	—	(s)	1.4	—	(s)	—	488.8
1998	376.8	99.7		1.2	—	—	1.2	—	0.1	—	477.8
1999	393.8	97.8		2.1	—	—	2.1	—	0.1	—	493.8
2000	418.3	180.3		3.0	—	—	3.0	—	0.1	(s)	601.6
2001	435.1	199.7		2.2	—	0.3	2.6	—	0.3	—	637.6
2002	431.5	113.1		1.9	—	—	1.9	—	0.4	0.5	547.3
2003	432.7	195.2		3.9	—	—	3.9	—	—	1.0	632.8
2004	453.9	181.3		2.9	—	—	2.9	—	—	3.7	641.9
2005	476.7	330.2		5.0	—	—	5.0	—	0.1	4.6	816.6
2006	491.0	358.4		7.3	—	—	7.3	—	0.5	1.8	859.0
2007	525.6	376.2		9.0	—	—	9.0	—	0.8	2.3	913.9
2008	564.0	562.3		13.8	—	—	13.8	—	1.3	2.4	1,143.9
2009	578.5	317.2		7.5	—	—	7.5	—	1.0	1.1	905.4
2010	547.7	351.4		10.4	—	—	10.4	—	0.8	1.9	912.1
2011	583.3	362.8		10.4	—	—	10.4	—	0.5	1.8	958.8
2012	572.6	256.2		13.0	—	—	13.0	—	0.7	1.0	843.5
2013	589.5	325.5		15.5	—	—	15.5	—	1.0	0.9	932.3
2014	808.4	379.5		16.9	—	—	16.9	—	0.9	1.3	1,207.1
2015	501.3	251.5		11.3	—	—	11.3	—	1.3	0.4	765.8
2016	370.6	249.5		6.6	—	—	6.6	—	0.8	0.3	627.8
2017	387.4	270.1		6.7	—	—	6.7	—	0.8	0.2	665.3
2018	335.2	249.0		4.7	—	—	4.7	—	0.9	0.1	590.0
2019	373.4	134.5		76.9	—	—	76.9	—	0.7	—	585.4
2020	349.3	164.7		5.1	—	—	5.1	—	0.5	—	519.6
2021	344.7	459.1		7.7	—	—	7.7	—	0.7	—	812.1
2022	399.8	600.8		6.8	—	—	6.8	—	0.6	—	1,008.1
2023	263.6	322.2	[R ]	21.5	—	—	21.5	—	0.4	—	607.7	[R ]
2024	308.6	101.8		0.2	—	—	0.2	—	0.9	—	411.6

Footnotes:

^a Includes supplemental gaseous fuels that are commingled with natural gas.

^b Wood, wood-derived fuels, and biomass waste. Beginning in 2006, includes small amount of other biomass liquids that are biodiesel. Prior to 2001, includes non-biomass waste.

^c Electricity imported from Canada and Mexico.

^d There are no direct fuel costs for hydroelectric, geothermal, solar, or wind energy.

Where shown, R = Revised data, — = No consumption, and (s) = Value less than 0.05 million dollars.

Notes: · Expenditure totals may not equal sum of components due to independent rounding. · The electric power sector consists of electricity-only and combined-heat-and-power (CHP) plants within the NAICS 22 category whose primary business is to sell electricity, or electricity and heat, to the public. · Through 1988, data are for electric utilities only. Beginning in 1989, data include independent power producers.

Web page: All data are available at https://www.eia.gov/state/seds/seds-data-complete.php.

Data source: U.S. Energy Information Administration, State Energy Data System. See technical notes. https://www.eia.gov/state/seds/